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Nov 27, 2012
11/12
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he said, i don't believe the republicans are going to allow us to go over the fiscal cliff. a lot of parsing of these words. the dow did drop to 81 points on the low. we're now not far from those lows. we rallied more when people got details about what happened. if you look at the home builders, they're the leadership of the day. home prices are continuing to improve, up 3.6% year over year. finally a little news from companies. very upbeat guidance from corning. that's helping a number of the retailers today. las vegas sands and brown-forman, both announcing special dividends for the quarter. that's impacting those individual stocks. you'll see more of those special dividends and more moving up of the dividends from january into december if we continue to get talk on this fiscal cliff debate two weeks from now. guys, back to you. >> thank you, bob. thank you very much. let's talk about the market. stephen gallagher is advising investors to buy now. >> larry cantor thinks any significant correction is a buying opportunity. so why are these guests so bullish? they join us to
he said, i don't believe the republicans are going to allow us to go over the fiscal cliff. a lot of parsing of these words. the dow did drop to 81 points on the low. we're now not far from those lows. we rallied more when people got details about what happened. if you look at the home builders, they're the leadership of the day. home prices are continuing to improve, up 3.6% year over year. finally a little news from companies. very upbeat guidance from corning. that's helping a number of the...
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Dec 30, 2012
12/12
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last minute talks in the final hours of the fiscal cliff talks. we'll follow all of it, msnbc, the place for politics. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> right now on capitol hill, senate democrats and republicans are working on a deal to avert the fiscal cliff, but time is running out. they now have less than 30 hours to work it out. if we do go over the fiscal cliff
last minute talks in the final hours of the fiscal cliff talks. we'll follow all of it, msnbc, the place for politics. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more...
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Nov 8, 2012
11/12
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MSNBC
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fiscal cliff, republican hand wringing. michael shear, you picked fiscal cliff. what's it going to look like? obviously, republicans want a delay, hope for a better political climate. do you think this white house will go down the road saying let's go big now because this is our last chance to do it? ironically, the last chance we'll have with great political capital. >> i think they're going to try hard to get a top line number. they don't have to solve all this. they got to get a top line agreement before the end of the year. all sides know the math here. they've been talking about this for two years. there's no secret. >> it's not like you have to wait. do you want one, two, three, four, or five? >> and you're coming out of an election -- boehner had revenue on the table before. he said he had revenue. that's not a big deal. and you can do it this time while -- yeah. i haven't slept in two days. the point is you can do it on the top line and force negotiations. >> what i was going to say, with romney you can -- romney was out there saying, i do want to get rid
fiscal cliff, republican hand wringing. michael shear, you picked fiscal cliff. what's it going to look like? obviously, republicans want a delay, hope for a better political climate. do you think this white house will go down the road saying let's go big now because this is our last chance to do it? ironically, the last chance we'll have with great political capital. >> i think they're going to try hard to get a top line number. they don't have to solve all this. they got to get a top...
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Dec 31, 2012
12/12
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WTTG
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cliff. >> republicans say they are willing to work with members of congress and the president to come to an agreement but yesterday on nbc's meet the press, president obama said gop leaders have rejected his proposal to make a comprehensive deal. >> we don't yet see an agreement and now, the pressure is on congress to produce. >> we are willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> today, senate majority leader harry reid could push for a fallback bill which roe woo raise taxes on families making $250,000 a year or more. that plan would also extend unemployment benefits for two million americans. >>> in our other top story, police continue to search for answers in the murder of a college student. xavier strangefellow was a sophomore in virginia. a vigil was held last night at battlefield high school in haymarket. stringfellow was a graduate of the school. he was found stabbed to death. his body was found inside a crashed minivan. police say he had been involved in an altercation. there has been an arrest made in this case
cliff. >> republicans say they are willing to work with members of congress and the president to come to an agreement but yesterday on nbc's meet the press, president obama said gop leaders have rejected his proposal to make a comprehensive deal. >> we don't yet see an agreement and now, the pressure is on congress to produce. >> we are willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> today, senate majority...
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Dec 1, 2012
12/12
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but republicans warned that efforts to avoid the fiscal cliff are deadlocked. and thousands of egyptians protested against president morsi's new powers and against a draft constitution pushed through by islamists. what do you get when you cross economic news and surf rock? i have a feeling paul solman is involved. hari sreenivasan gives us the answer. >> sreenivasan: our resident financial bard "merle hazard" re-imagines the fiscal cliff debate as a 1960s-style drag race between party leaders. you can watch his animated music video on paul's "making sense" page. we're introducing a new feature- - feed your science diet with "lunch in the lab," a virtual platter of science news, delivered fresh every monday, wednesday and friday. today's daily special-- the mars rover rumors. and on "need to know" tonight, an encore report about an investigation into alleged abuses by u.s. border patrol officers. all that and more is on our web site, newshour.pbs.org. >> warner: and again to our honor roll of american service personnel killed in the afghanistan conflict. we add
but republicans warned that efforts to avoid the fiscal cliff are deadlocked. and thousands of egyptians protested against president morsi's new powers and against a draft constitution pushed through by islamists. what do you get when you cross economic news and surf rock? i have a feeling paul solman is involved. hari sreenivasan gives us the answer. >> sreenivasan: our resident financial bard "merle hazard" re-imagines the fiscal cliff debate as a 1960s-style drag race between...
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much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemcal weapons. the foundation for defense of democracy joins us here in monts. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economyand what washington is trying to do to it and us next with peterwallace and. i'm dominique dawes and there parents can give their kids -- making sure they get active at least 60 minutes each day. studies sh that physical activity not only helps kids stay heahy, it can enhance impoant skills, like concentration and problem solving, which can improve academic performance. this means physical activity can help your kids in the most important game of all -- life ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry commission member peter wallace will join me here in just moments. let's take a look at tonight's
much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemcal weapons. the foundation for defense of democracy joins us here in monts. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economyand what washington is trying to do to it and us next with peterwallace and. i'm dominique dawes and there parents...
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Dec 21, 2012
12/12
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if it's over the fiscal cliff. republicans might take the blame. but at this point, the white house bears responsibility for putting them in the position where their backs are against the wall and boehner had come all that way and they said no. >> the house republicans and the senate republicans don't look at a poll for the next 12 months. the election is in 2014. figure out what you want to go to the american people with, what the real choice will be in 2014. work away at it steadily. people will come to believe in your seriousness and what you are trying to accomplish. the japanese had a term after they won in pearl harbor and they surprised us. they ran amok and they got beaten badly and they said they had victory disease. i think there is a victory disease at the white house. i think they are dramatically overestimating the -- the power they have. and i think they are underestimating the risk they are running of really putting this economy in drabble. >> i agree. let me ask you about more recent history that goes back to 1997 when you worked wi
if it's over the fiscal cliff. republicans might take the blame. but at this point, the white house bears responsibility for putting them in the position where their backs are against the wall and boehner had come all that way and they said no. >> the house republicans and the senate republicans don't look at a poll for the next 12 months. the election is in 2014. figure out what you want to go to the american people with, what the real choice will be in 2014. work away at it steadily....
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Nov 17, 2012
11/12
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and the latest on the fiscal cliff, as republicans meet in the white house. all coming up on [ male announcer ] wouldn't it be cool if you could combine the capability of a pathfinder with the comfort of a sedan? ♪ so you went right back to the pathfinder's essence, kept its dna, and created the next-gen s.u.v. starting with a drivetrain that gives best-in-class fuel economy of 26 miles per gallon, highway... ♪ ...and intuitive 4-wheel drive? ♪ if inside it had best-in-class front, head, and leg room and interior roominess? and outside, best-in-class standard towing of 5,000 pounds? ♪ [ whistles ] [ all scream, laugh ] [ male announcer ] yeah, that would be cool. introducing the all-new nissan pathfinder. it's our most innovative pathfinder ever. nissan. innovation that excites. ♪ ♪ [ multiple sounds making melodic tune ] ♪ [ male announcer ] at northrop grumman, every innovation, every solution, comes together for a single purpose -- to make the world a safer place. that's the value of performance. northrop grumman. >> sean: welcome back to "ha
and the latest on the fiscal cliff, as republicans meet in the white house. all coming up on [ male announcer ] wouldn't it be cool if you could combine the capability of a pathfinder with the comfort of a sedan? ♪ so you went right back to the pathfinder's essence, kept its dna, and created the next-gen s.u.v. starting with a drivetrain that gives best-in-class fuel economy of 26 miles per gallon, highway... ♪ ...and intuitive 4-wheel drive? ♪ if inside it had best-in-class front, head,...
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Dec 28, 2012
12/12
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you say, we, republican are not trying to solve the fiscal cliff. we're trying to solve the debt and deficit. can you explain that? >> sure can. yeah, the white house has been very focused on what do we have to do to just get past the fiscal cliff. let's get over this bump and keep spend and keep going. in the house we're actually trying to solve the debt and deficit. let me illustrate this. we have a trillion dollars in deficit spending last four years. president says let's go back to the clinton levels of taxation. if we went back to the clinton levels of taxation we're still double the highest bush era of deficit spending still because spending was accelerated so much in 2009 and 2010. we're trying to bring the spending levels back down. on the contrary if we just brought the spending levels down to the clinton level spending instead of tax level going up to clinton level of tax it is would solve this. we're trying to solve the debt and deficit. we're trying to say how do we get out of debt. the president is saying let's get past the fiscal cliff
you say, we, republican are not trying to solve the fiscal cliff. we're trying to solve the debt and deficit. can you explain that? >> sure can. yeah, the white house has been very focused on what do we have to do to just get past the fiscal cliff. let's get over this bump and keep spend and keep going. in the house we're actually trying to solve the debt and deficit. let me illustrate this. we have a trillion dollars in deficit spending last four years. president says let's go back to...
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Dec 12, 2012
12/12
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>>> but we begin with the latest on the fiscal cliff. republicans made another counteroffer but it's reportedly not much different from their first offer. though we don't have specifics, we do know the president and john boehner talked on the phone last night and that call, according to a republican familiar with it, was tense and lasted just 15 minutes. i want to bring in real clear politics reporter aaron mcpike and david hawkings, editor of the cq roll call daily briefing. good morning. so president obama sat down with barbara walters last night. here's what he said. >> most important thing we can do is make sure the middle class taxes do not go up on january 1st and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> so he's confident. is it almost a foregone conclusion, do you think, david, that this is going to be the first piece of the puzzle that falls into place? >> i'm pretty confident that that's going to have to be the first piece of the pu
>>> but we begin with the latest on the fiscal cliff. republicans made another counteroffer but it's reportedly not much different from their first offer. though we don't have specifics, we do know the president and john boehner talked on the phone last night and that call, according to a republican familiar with it, was tense and lasted just 15 minutes. i want to bring in real clear politics reporter aaron mcpike and david hawkings, editor of the cq roll call daily briefing. good...
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Dec 31, 2012
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fiscal cliff standoff. take a listen. >> congress has not been able to get this stuff done, not because democrats in congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> how accountable are you for the fact that washington can't get anything done and that we are at this deadline again? >> i have to tell you, david, if you look at my track record over the last two years, i cut spending by over $1 trillion in 2011. i negotiated with speaker boehner in good faith and moved more than halfway in order to achieve a grand bargain. i offered over $1 trillion in additional spending cuts. at a certain point if folks can't say yes to good offers, then i also have an obligation to the american people. >> michael steele, some republicans were quick to criticize the president's tone. speaker boehner res
fiscal cliff standoff. take a listen. >> congress has not been able to get this stuff done, not because democrats in congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> how accountable are you for the fact that washington can't get anything done and that we are at...
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Nov 17, 2012
11/12
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and the latest on the fiscal cliff, as republicans meet in the white house. all coming up on this busy friday night on "hannity." meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! could've had a v8. seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. >> sean: welcome back to "hannity." as we try to get to the bott
and the latest on the fiscal cliff, as republicans meet in the white house. all coming up on this busy friday night on "hannity." meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. till you finish your vegetables. [...
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Dec 21, 2012
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>>gregg: chris, i want to change topics to the fiscal cliff. republicans and democrats, today, headed home for christmas break without any compromise. that means automatic tax increases and deep spending cuts locking increasingly likely on john 1. last night, house speaker boehner had to cancel a vote on his own plan "b" deficit reduction strategy after a stunning failure to gather enough republican support. that has some political analysts wondering about future of the house speaker's leadership role on capitol hill, but, today, speaker boehner tried to shift the pressure back to president obama regardless some house republicans are accusing speaker boehner of caving in to the president. mike is live on capitol hill. mike, what now? >> well, clearly the speaker's talks with president obama take on more meaning at this point with time running out as the economy is headed for the fiscal cliff. we saw the speaker leash -- leaving the capitol and it was not clear if he was headed home for christmas to ohio or a meeting but there is ament of pressu
>>gregg: chris, i want to change topics to the fiscal cliff. republicans and democrats, today, headed home for christmas break without any compromise. that means automatic tax increases and deep spending cuts locking increasingly likely on john 1. last night, house speaker boehner had to cancel a vote on his own plan "b" deficit reduction strategy after a stunning failure to gather enough republican support. that has some political analysts wondering about future of the house...
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much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next with peter wallace and. ♪ the catal one cash rewards card gives you 1% cash back on all purches, plus a 50% annl bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more fla. [ southern accent ] 50 percent more tars. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% aual bonus on the cash yoearn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. ♪ lou: house speaker boehner says the president is slow walking our economy to the fis
much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next with peter wallace and. ♪ the catal one cash rewards...
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Nov 28, 2012
11/12
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obviously, republicans are ready to go to work, ready to solve the issue of the fiscal cliff. what the president wants to do, however, is to raise taxes on small businesses, almost 1 million small businesses who employ 25% of the workforce. that's his proposal. republicans cannot be for that. the president said in his press conference, right after the election, his number-1 priority will be jobs and the economy. we agree with that. but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to while you are campaigning the last 3 months. have you known about this fiscal cliff for a year and-a-half. now the president's going out, friday, to do, as you say, campaigning. t
obviously, republicans are ready to go to work, ready to solve the issue of the fiscal cliff. what the president wants to do, however, is to raise taxes on small businesses, almost 1 million small businesses who employ 25% of the workforce. that's his proposal. republicans cannot be for that. the president said in his press conference, right after the election, his number-1 priority will be jobs and the economy. we agree with that. but your number-1 priority is jobs and the economy you don't...
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Dec 10, 2012
12/12
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FBC
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much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taakingbout this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. you know, from our 4,000 television commercials. yep, there i am with
much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taakingbout this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. you...
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Nov 17, 2012
11/12
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and the latest on the fiscal cliff, as republicans meet in the white house. all coming up on [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. children and adolescents in particular m
and the latest on the fiscal cliff, as republicans meet in the white house. all coming up on [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than...
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Dec 21, 2012
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is it possible -- jonathan mentioned polling suggests if we go over the fiscal cliff republicans will bear the brunt of the blame. i spoke to some republican strategists who say that is not true and ultimately that will change because president obama is the president of the united states. possible or not possible? >> i don't think it's possible. polling has shown over the last year that congressional disapproval of congress is at an all time high so i feel like if we go over the cliff congress is going to get blamed and the people right now that are holding up the deal in congress are the house republicans. also the house republicans are not even unified on their own position. they can't even sort of get together as we saw last night. they can't even get together as a caucus and say, this is what we want. >> quick prediction, john, and then nancy. do we get some kind of deal before december 31st? >> yes. >> nancy? >> yes. >> what does that deal look like, john? small, medium, or large in terms of its scope and the depth and breadth? >> i still think a medium to large deal is possible
is it possible -- jonathan mentioned polling suggests if we go over the fiscal cliff republicans will bear the brunt of the blame. i spoke to some republican strategists who say that is not true and ultimately that will change because president obama is the president of the united states. possible or not possible? >> i don't think it's possible. polling has shown over the last year that congressional disapproval of congress is at an all time high so i feel like if we go over the cliff...
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Dec 5, 2012
12/12
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CURRENT
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. >> jennifer: karl, is the fiscal cliff a republican party? it's a problem for us, but the political side, isn't it really a problem for them? >> it's a huge problem not just in the immediate where we are right now sense of the word. i'm surprised when they showed them to blame i guess in the halls of congress the republicans said yes we're ahead in the poll. this boiled down to their fading power with their fading demographics in the country and the demographics that look poorly on them. acting as spoiled children that hold this country ransom does not help them with any of the demographics that reelected this house, increased the number of democrats in the house or the senate. >> the tea party might say we won one and we lost one. we won 2010. we lost 2012 because we were too moderate. we had a meally mouth nominee-- >> i believethey're in a position-- >> if they act like real conservatives, real nut jobs, then we're proven right. they're blinded by their own ideology. >> i'm not surprised that a party who does not believe in evolution has o
. >> jennifer: karl, is the fiscal cliff a republican party? it's a problem for us, but the political side, isn't it really a problem for them? >> it's a huge problem not just in the immediate where we are right now sense of the word. i'm surprised when they showed them to blame i guess in the halls of congress the republicans said yes we're ahead in the poll. this boiled down to their fading power with their fading demographics in the country and the demographics that look poorly...
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Dec 4, 2012
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' fiscal cliff counter offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same offer he drew up last year. >> i think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we al
' fiscal cliff counter offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to...
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Nov 28, 2012
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do the senate republicans have any sort of active role in this discussion on the fiscal cliff? >> yes. obviously we're leaning to speaker john boehner and the house, the republican negotiating position, and the president representing the democrats in both the house and senate, to make the -- to kind of present the -- their conclusions to the rest of us, but it still has to be voted on in the house of representatives, the republican house members need to support it for it to pass. in the senate, it's not just enough for 51 democratic senators to be supportive. the rules here permit the minority to have some rights. at least we still have some rights until the rules are changed. as a result we do have a voice. it has to be something that's acceptable to senate republicans as well as house republicans. >> greta: have you seen any indication that senator harry reid wants to cut any of the spending? >> no, no. >> greta: none? >> you never get him to talk about reducing spending by a dime. it's always about adding revenue. they're not even satisfied to have more money. they have to s
do the senate republicans have any sort of active role in this discussion on the fiscal cliff? >> yes. obviously we're leaning to speaker john boehner and the house, the republican negotiating position, and the president representing the democrats in both the house and senate, to make the -- to kind of present the -- their conclusions to the rest of us, but it still has to be voted on in the house of representatives, the republican house members need to support it for it to pass. in the...
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he's been laying low but senate minority leader mitch mcdonnell addressing the fiscal cliff. >> now republicans have bent over backwards. we stepped way, way out of our comfort zone, we wanted an agreement. but we had no takers. the phone never rang and now here we are, five days from the new year and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal and if they had something to fit the bill, i'm sure the majority leader would have been able to deliver the votes the president needed to pass it here in the senate and we wouldn't be in this mess. but here we are, once again, at
he's been laying low but senate minority leader mitch mcdonnell addressing the fiscal cliff. >> now republicans have bent over backwards. we stepped way, way out of our comfort zone, we wanted an agreement. but we had no takers. the phone never rang and now here we are, five days from the new year and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal and if they had something to fit the bill, i'm sure the majority leader would...
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Dec 30, 2012
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we can still avoid going over the fiscal cliff if we step for this week and republicans to solve this problem and solve it now. >> we talk with washington post reporter laurie montgomery this morning for the update on the fiscal cliff negotiations. >> tell us, what kind of a deal the president offered and what is new in the negotiations among the senators and between the senators and the white house? >> there does not appear to be anything new. the policy they are talking about are the same public -- policies that have been on the table for weeks. what is new is they seem to have finally agreed they will move forward with something. there is no guarantee that the republican leader and democratic leader will be able to put together an agreement. but they are now saying they will try to do it. they are working together and amy towards a vote sunday are monday. >> what is the scuttlebutt among the rank-and-file senators about whether or not they're going to be able to pull this off before the end of the weekend? >> it happened so late, and it was really difficult -- i do not believe anyo
we can still avoid going over the fiscal cliff if we step for this week and republicans to solve this problem and solve it now. >> we talk with washington post reporter laurie montgomery this morning for the update on the fiscal cliff negotiations. >> tell us, what kind of a deal the president offered and what is new in the negotiations among the senators and between the senators and the white house? >> there does not appear to be anything new. the policy they are talking...
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policies led to fiscal cliff blowup. why are republicans all painted as obstructionists and democrats seem to go a free pass? mark han a says republicans are the ones to blame. hannah, what do you mean republicans are obstruction insists always? spending is the problem, is it not? >> no, look, we have a huge problem with revenue now. the revenue through taxes last year was as low as ever. right now we don't have the money -- hold on, sir, you can't throw a know like that and say as low as ever. revenues have been going up. >> in recent memory. >> for decades. >> president obama has presided over the lowest tax rate in mod hern history and decades. we're trying to role back taxes for people making over $250,000 a year. what john boehner is doing by letting us go off the fiscal cliff is raising every american's income taxes in about a week by not negotiating with the white house. he -- he's in a awkward position, he can't even get his own party to back his own republican proposals, so what we're seeing is congressmen and c
policies led to fiscal cliff blowup. why are republicans all painted as obstructionists and democrats seem to go a free pass? mark han a says republicans are the ones to blame. hannah, what do you mean republicans are obstruction insists always? spending is the problem, is it not? >> no, look, we have a huge problem with revenue now. the revenue through taxes last year was as low as ever. right now we don't have the money -- hold on, sir, you can't throw a know like that and say as low as...
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play brinkmanship with the fiscal cliff. one gop senator is throwing gasoline on the fire, wyoming's john barrasso said quote that the president is doing nothing about the addiction that he has toward spending. let's bring in a.d. stoddard to get her perspective. let's start off by saying what we've heard, the setback, tounder state it, it doesn't sound good, does it? >> no, it doesn't. but this kind of thing does happen a lot towards the end. et cetera always darkest before the dawn and deals have been saved from the rubble like this before. i think that what you're seeing from the republican side is what candy was talking about. previously, a desperate need to be able to find something that they can tell their constituents they supported in terms of cuts. >> it's lot of money to get the unemployment checks going again. to fix the medicare, which is going to raise, cut their pay by almost 30%. a lot of money needs to be found. even as they, to tax some wealthy at the top brackets, there's not enough money in the pot. so the
play brinkmanship with the fiscal cliff. one gop senator is throwing gasoline on the fire, wyoming's john barrasso said quote that the president is doing nothing about the addiction that he has toward spending. let's bring in a.d. stoddard to get her perspective. let's start off by saying what we've heard, the setback, tounder state it, it doesn't sound good, does it? >> no, it doesn't. but this kind of thing does happen a lot towards the end. et cetera always darkest before the dawn and...
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cliff. but there are some signs of compromise this morning. cbs reporter danielle nottingham on what both sides are now saying about that looming deadline. >>reporter: top congressional leaders met with president obama at the white house, trying to avoid the automatic tax hikes and spending cuts set to kick in january 1st. the president called the meeting constructive, but reminded lawmakers there's not much time left. >> we're now at the point where in just four days every americans' tax rates are scheduled to go up by law. >>reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation. >> we're going to do the best we can for the congresses we have and for the country that's waiting for us to make a decision. >>reporter: democratic and republican leaders have agreed t
cliff. but there are some signs of compromise this morning. cbs reporter danielle nottingham on what both sides are now saying about that looming deadline. >>reporter: top congressional leaders met with president obama at the white house, trying to avoid the automatic tax hikes and spending cuts set to kick in january 1st. the president called the meeting constructive, but reminded lawmakers there's not much time left. >> we're now at the point where in just four days every...
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he lets us go over the fiscal cliff and they are going to blame republicans and the president is going to be the savior. the president comes back and says okay we are going to give tax cuts to everyone under $250,000. who is going to vote against that everybody will vote for that? everything. ez ra that is dan burton's reading of what lies ahead and that is why john boehner knew the leverage is with president obama. this gets into complicated budget anounts. right now, the deal president obama offered john boehner is a $1.2 trillion tax increase. after january 1st, the deal is approximately a $3.8 trillion tax cut. it is easier to sell the tax cut the deal is the same. but that makes it easier if he chooses to go this route to offer a $3.5 trillion tax cut which would be a larger tax increase. so this does snap into a difficult place for republicans. where it becomes a big, big tax cut. >> from the start we have been e cliff everything that the president is proposing becomes easier to pass. >> coming up. more on bay nor world out-of-control. and during the first meeting of vice preside
he lets us go over the fiscal cliff and they are going to blame republicans and the president is going to be the savior. the president comes back and says okay we are going to give tax cuts to everyone under $250,000. who is going to vote against that everybody will vote for that? everything. ez ra that is dan burton's reading of what lies ahead and that is why john boehner knew the leverage is with president obama. this gets into complicated budget anounts. right now, the deal president obama...
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harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking at changing the rules of filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle- class family will see their taxes go up by 2,200 a year. as i have indicated, the senate has acted to s
harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking at changing the rules of filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get...
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the leadership for being on vacation as the nation teeters on the edge of the so-called fiscal cliff. house republicans are holding a conference call from their districts that should be starting right about now we are told. steny hoyer urged them to come back to work and find a solution. >> i hope they can conclude as we have concluded and i speak for leader pelosi, myself and all of the democratic leadership that we must come back as soon as possible to work together to reach a compromise to assure that we are address the importance legislation that is still pending in this congress. a congress i believe is the least productive, most con front asianal and least compromising congress in which i have concerned and i've been here since 1981. >> that's saying a lot. at this point, it's not clear whether that conference call we mentioned with the house republicans, it's not clear whether that call meant to give members the 48-hour notice to get back to work. with five days before the spending cuts and tax hikes to take effect, we learned today that negotiators are talking. the white hous
the leadership for being on vacation as the nation teeters on the edge of the so-called fiscal cliff. house republicans are holding a conference call from their districts that should be starting right about now we are told. steny hoyer urged them to come back to work and find a solution. >> i hope they can conclude as we have concluded and i speak for leader pelosi, myself and all of the democratic leadership that we must come back as soon as possible to work together to reach a...
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the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> president obama responded, showing republicans where they could find the details. >> it's not a mystery. we've seen this before. this is the document that contains the specific spending cuts. the speaker of the house sent us a proposal that was two pages long that included one sentence on revenue. the proposal here includes, i believe from pages 17 to 45, details on proposed spending cuts by the president, pages 17 to 45. i recommend them to you. >> so, at this point, a deal before christmas looking unlikely. as senate majority leader harry reid admitted yesterday. but in an interview with barbara walters, president obama predicted that republicans would eventually give in on taxes. >> the most important thing we can do is make sure the middle class taxes do not go up on january 1st, and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction. are you going to be able to raise taxes, yes o
the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> president obama responded, showing republicans where they could find the details. >> it's not a mystery. we've seen this before. this is the document that contains the specific spending cuts. the speaker of the house sent us a proposal that was two pages long that included one sentence on revenue. the proposal here includes, i believe from pages 17 to 45, details on proposed...
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which collectively would avert the entire fiscal cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families closer to the blip by wasting an entire week with their incompetent plan b stunt no further legislation can move through the senate until republicans drop their knee jerk obstruction. the house is literally phoning it in, tomorrow's conference call will reportedly include the entire caucus, not just republican leadership, the irony is that if we go over the cliff, the president will get whatever he wants on texas, and there's been a growing acknowledgement of this by some house and senate republicans. here's sena
which collectively would avert the entire fiscal cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid...
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Dec 30, 2012
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it is our last, best, and only hope for stopping this fiscal cliff business. we are going to speak to a republican lawmaker in a moment, and marcia blackburn and in the meantime, you are watching the speciacoverage here on cnn and don lemon and me and our colleagues in washington. we will be right back. s with adding a friend, ♪ ♪ could end with adding a close friend. ♪ the lexus december to remember sales event is on. offering some of our best values of the year. this is the pursuit of perfection. >>> as republicans and democrats are at an impasse, both sides are blaming each other, and the markets will open up by the way in asia in the next couple of hours and you might start to see a reaction, but although, i don't know what they have to react to, but our own markets will open in 14 hours from now here in the united states. maybe they will react to something, too, but my point is that congress could ruin a good economy. for perspective, we will talk to a republican from tennessee, representative marcia blackburn. thank you for being with us. >> good t
it is our last, best, and only hope for stopping this fiscal cliff business. we are going to speak to a republican lawmaker in a moment, and marcia blackburn and in the meantime, you are watching the speciacoverage here on cnn and don lemon and me and our colleagues in washington. we will be right back. s with adding a friend, ♪ ♪ could end with adding a close friend. ♪ the lexus december to remember sales event is on. offering some of our best values of the year. this is the pursuit of...
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fiscal cliff? >> you know, republicans and democrats are going to get the blame for this. everybody is going to get the blame because it's a spending problem that has been decades in the making. when you look at the trajectory of how many has been spent in this country, you can go back 50, 60 years and see the articulation of where those dollars have been spent, see how that spending escalated coming through the '70s, back down a little bit with reagan, but not enough, and then, of course, when you reduce the taxes, you need to be reducing that spending, so the blame, there's -- there is plenty of blame to go around. i am really concerned that come january 1 you're going to see the taxes go up on people. you are going to see the obama care taxes come on to the books, and it's going to be kind of that taxmageddon, if you will, if we do not reach a resolution to these issues. as you've seen, you have to have some spending cuts and entitlement reforms to make this work. >> you told the "new york times
fiscal cliff? >> you know, republicans and democrats are going to get the blame for this. everybody is going to get the blame because it's a spending problem that has been decades in the making. when you look at the trajectory of how many has been spent in this country, you can go back 50, 60 years and see the articulation of where those dollars have been spent, see how that spending escalated coming through the '70s, back down a little bit with reagan, but not enough, and then, of...
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republicans say they are laughing at president obama's fiscal cliff offer. i'll show you how they are really crying. this is "the ed show." let's get to work. >> there are no shortage of pens in the white house. and i carry one around for emergency just in case. just waiting for the chance to use it to sign the bill to make sure people's taxes don't go up. >> the adult in the room continues his campaign to cut taxes for the middle class and john boehner keeps shooting spit balls. the latest on the stalemate and the democrat's upper hand. >>> mitch mcconnell gets ridiculous with his demands to weaken medicare. one of the architects of obama care responds tonight. >>> house republicans pass an immigration. bill democrats say is divisive and inferior. tonight, congressman javier pasara on why the latino community won't. be fooled. >>> the first fast food strike is historic. what you need to know about the lowest-paid workforce in the country. good to have you with us. thanks for watching. president obama knows his opponent is on the ropes and he's not letting u
republicans say they are laughing at president obama's fiscal cliff offer. i'll show you how they are really crying. this is "the ed show." let's get to work. >> there are no shortage of pens in the white house. and i carry one around for emergency just in case. just waiting for the chance to use it to sign the bill to make sure people's taxes don't go up. >> the adult in the room continues his campaign to cut taxes for the middle class and john boehner keeps shooting spit...
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you may say michael, what's that got to do with the fiscal cliff? i think there is an association that many people have in their mind between the nra and the republican party. obviously, the nra more supportive of gop candidates, by and large, than democratic candidates. and the statement he made today about arming someone in every school i think is out of the mainstream. aren't these all related problems that people are perceiving the republicans as being out of sync, way too conservative? >> i think that what president obama has tried to do from the start of these negotiations is to try to divide and conquer the republican party and destroy the republican party. and the way the republican party would be destroyed is if republicans abandon their basic principle. i don't want the talk about gun control, because i don't know a lot about that. but i will talk about this. if the republicans abandon their principles of limited government and less taxes, no. republicans can't vote for a tax increase because republicans don't believe in raising taxes. we
you may say michael, what's that got to do with the fiscal cliff? i think there is an association that many people have in their mind between the nra and the republican party. obviously, the nra more supportive of gop candidates, by and large, than democratic candidates. and the statement he made today about arming someone in every school i think is out of the mainstream. aren't these all related problems that people are perceiving the republicans as being out of sync, way too conservative?...
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obama making remarks about the fiscal cliff aired it earlier today. he put much of the blame on shoulders of the republicans if no deal is reached. the gop fired back saying the president should lead right now not cast blame. correspondent s henry is live from the white house. >> he is frustrated going on a talk show today in the middle of the negotiations. he has not been on one of the programs since 2009. he felt it was important to get the message out there. you are right he was pounding the same message again and again f. we go up the fiscal cliff for not meeting them halfway. >>> not because democrats and congre congre congress don't want to go ahead and cooperate but i think it has been hard for speaker boehner and republican mcconnell to accept the fact taxes on wealthiest should go up a little bit sweas well as a deficit reduction package. if they can't say yes to good offers i have an obligation to make sure the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >> republicans are expressing frustration sa
obama making remarks about the fiscal cliff aired it earlier today. he put much of the blame on shoulders of the republicans if no deal is reached. the gop fired back saying the president should lead right now not cast blame. correspondent s henry is live from the white house. >> he is frustrated going on a talk show today in the middle of the negotiations. he has not been on one of the programs since 2009. he felt it was important to get the message out there. you are right he was...
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a positive turn in the fiscal cliff crisis. house republicans agree to meet sunday night to resume talks after a day of finger-pointing and complaining in washington. on wall street, fiscal fears created whiplash for investors: a big stock market sell-off and then bounce back on word that lawmakers are springing back into action. and, if you used your smartphone to shop this christmas, you're in fashion. it was the year's top retail trend. we have that and more tonight on "n.b.r."! a dramatic cliff-hanger today between washington and wall street about the fiscal cliff. stocks initially sold off after senate majority leader harry reid predicted the economy would go over the cliff. speaking from the senate floor he said there's not enough time between now and the end of the year to reach a deal. but stocks erased their losses ithe final hour of trading on news that the house of representatives will reconvene on sunday night to resume talks. by the closing bell, the dow was down only 18 points, bouncing back from a triple digit lo
a positive turn in the fiscal cliff crisis. house republicans agree to meet sunday night to resume talks after a day of finger-pointing and complaining in washington. on wall street, fiscal fears created whiplash for investors: a big stock market sell-off and then bounce back on word that lawmakers are springing back into action. and, if you used your smartphone to shop this christmas, you're in fashion. it was the year's top retail trend. we have that and more tonight on "n.b.r."! a...
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he will be the cause of goin over t fiscal cliff. i don't know what the republican leaders cannot hang onto that thought. they will be watching him, the reaction to the ultimatum, he will be sending the country over the fiscal cliff over what will amount to 8% of -- replacement of 8 percent of the deficit for fiscal 2013. it is mindless. >> as i said, i am quite nervous about this. i listen to speaker boehner say the day after the lection, revenue is on the table. the american people want to compromise an make washington work. he said it again and put out a specific offer. all we have heard from the president is a hard-line wasno negotiation on the tax side and not e word about the entitlement reforms that would have to match that for this plan to make any sense. and it is that absence of lead on the spending side nd unwillingness to make compromises that will actually get als done and have washington auction again that i think our marks aginst this lame-duck session. lou: you have projected, the action form has projected 10 million
he will be the cause of goin over t fiscal cliff. i don't know what the republican leaders cannot hang onto that thought. they will be watching him, the reaction to the ultimatum, he will be sending the country over the fiscal cliff over what will amount to 8% of -- replacement of 8 percent of the deficit for fiscal 2013. it is mindless. >> as i said, i am quite nervous about this. i listen to speaker boehner say the day after the lection, revenue is on the table. the american people want...
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on the fiscal cliff. we're going to take to steny hoyer about what this means for talks from here. and he's defending susan rice and his fellow republicans hammer away at her. former presidential candidate ambassador jon huntsman is going to join us to explain all this. and the best part about this, abby huntsman, his daughter, is going to be on the panel. kind of like their first joint appearance. we're saying ever. we have to fact check that. but we're making history this morning. plus russell simmons bringing art to kids in urban areas. why he's so passion about this cause. and this is a picture everyone on the planet is talking about. the cop who warmed the hears of everyone who's seen this photo, he's going to join us. that and much more coming up on "starting point." it's like 15 minutes away. it's friday. what could be better? >> that is a sharpie, not a pen. thought i'd correct you. >> 44 minutes past the hour. people on the west coast bracing for the threat of flooding and mudslides. meteorologis
on the fiscal cliff. we're going to take to steny hoyer about what this means for talks from here. and he's defending susan rice and his fellow republicans hammer away at her. former presidential candidate ambassador jon huntsman is going to join us to explain all this. and the best part about this, abby huntsman, his daughter, is going to be on the panel. kind of like their first joint appearance. we're saying ever. we have to fact check that. but we're making history this morning. plus...